If the Cross-Price Elasticity of Demand Between Good a and Good

question 74

Multiple Choice

If the cross-price elasticity of demand between Good A and Good B is 3,the price of Good B increases,and the price elasticity of demand for Good B is inelastic,we can expect to see a ________ change in the quantity demanded for Good A.

• A) positive,zero
• B) positive,small
• C) negative,infinite
• D) negative,one-for-one
• E) positive,large

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Definitions:

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